Established Quick Serve Hamburger Franchise

Business Overview:

Modern, family-friendly quick serve hamburger franchise. Established for five years and now being run absentee. Proven location has done $500K + under hands-on owner. Part of a growing national franchise that is expanding. Buyer can get into business without the delays of site selection and construction (buyer must attend training at the franchisor's location, and then receive ongoing support in the restaurant). Fun concept features unique hamburgers, shakes, fries and much more. Clean and in excellent condition. Located on a busy street near nice neighborhoods and schools.. Please refer to listing number 0101-73454 and advisor Howard Schulman when inquiring.

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Property Features and Assets:

Lease/Month: $6,895.43; Square Footage: 1,766; Building Type: Strip Retail; Terms & Options: Two five-year options; Expiration Date: 2/28/2022

Market Competition and Expansion:

This franchise usually requires at least $350,000 as a startup (franchise fee plus build-out costs). This restaurant is offered for sale at approximately half that cost and is currently operating -- the purchaser can become a franchisee without waiting for the long period of time required for site selection and construction. The concept is modern and family oriented. Buyer can increase sales by reaching out to the community. This has not been done because the current owner is absentee.

Reason for Selling:

Health

Additional Details:

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